Coal India

ARTICLES ABOUT COAL INDIA BY DATE - PAGE 2

Kolkata: Output at staterun Coal India could drop in the current quarter due to monsoon rains, which hamper work at mines and slow down movement of railway wagons that the miner needs to evacuate coal. In the quarter ended June, Coal India recorded 12% growth in production — the highest for the company so far. However, officials feel the monsoon has been slowing down this pace to some extent, as heavy rainfall has affected open-cast coal mines under its subsidiaries, including Eastern Coalfields, Central Coalfields and Northern Coalfields . These companies collectively contributed almost a third of Coal India's total first-quarter coal production.

KOLKATA: Coal mining may be considered a hazard to the environment but state-run miner Coal India has said that once its mines are closed down, the artificially created bodies at the sites will help ensure the country's water security. A senior Coal India official said water bodies are created in the mine's voids, an area of excavation that remains unfilled after rehabilitation of a mine is complete. "As per an assessment by Central Ground Water Board , most Indian states are likely to reach water stress condition by 2020 and water scarce condition by 2025.

In a chat with ET Now, Sandeep Wagle, Founder & CEO, Power My Wealth, shares his view on Coal India. ET Now: What is your view on Coal India? Sandeep Wagle: Coal India Ltd. is a 'SELL' call with a target of Rs 438 and a stop loss of Rs 418.

NEW DELHI: Delhi High Court today refused to entertain an appeal filed by Coal India Ltd (CIL) against a single judge order allowing Jindal Steel and Power Ltd (JSPL) to dump fly ash, by-product of its power plant, in a Chhattisgarh mine. A bench of Chief Justice G Rohini and Justice Jayant Nath , however, gave CIL an opportunity to move an appropriate application before the single judge for modification of the order under appeal. "Having regard to the fact that the main petition is still pending before the single judge and what is impugned in the present appeal is only an ad-interim order that was passed by the single judge on April 13, 2015, we do not deem it appropriate to entertain the appeal and express any opinion on merits of the case.

In a chat with ET Now, Ashwani Gujral, Fund Manager, Ashwanigujral.com, shares his view on Coal India. ET Now: What is your view on Coal India? Ashwani Gujral: Coal India Ltd. is a 'BUY' call with a target of Rs 450 and a stop loss of Rs 427.

In a chat with ET Now, Sandeep Wagle, Founder & CEO, Power My Wealth, shares his view on Coal India. ET Now: What is your view on Coal India? Sandeep Wagle: Coal India Ltd is a 'BUY' call with a target of Rs 450 and a stop loss of Rs 428.

In a chat with ET Now, Mitesh Thacker of miteshthacker.com, shares his view on Coal India. ET Now: What is your view on Coal India? Mitesh Thacker: Coal India Ltd. is a 'BUY' call with a target of Rs 451 and a stop loss of Rs 428.

KOLKATA: Coal India (CIL), corporate India's largest employer, has decided to set up four committees to consider promotions at different levels every year as part of its move to link promotions with performance as private companies do and do away with the current seniority-based approach. The promotion committees, comprising senior directors, will promote meritocracy, company insiders said. "The promotion system will identify and reward individuals who have demonstrated superior performance in their existing roles and who have leadership potential to deliver superior performance in their next role," said a senior CIL official.

In a chat with ET Now, Ashwani Gujral, Fund Manager, Ashwanigujral.com, shares his view on Coal India. ET Now: What is your view on Coal India? Ashwani Gujral: Coal India Ltd. is a 'BUY' call with a target of Rs 442 and a stop loss of Rs 420.

NEW DELHI: Coal India, the world's biggest coal miner , today said it has decided to relinquish about three-fourths of a coal mine it was allotted in Mozambique. Coal India Africana Limitada, a fully-owned subsidiary of the state-owned firm, was allotted two leasehold licences for extraction of coal of about 224 square kilometre in Tete province of Mozambique. The company board has approved retaining "54 sq km of leasehold licence area which will be of actual interest with coal bearing horizon occuring within a 500-metre depth and relinquish the remaining 170 sq km area out of total leasehold licence area of 224 sq km", CIL said in a regulatory filing.